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4622017 05 28 1 WHO 2017 9 29CEFACT

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What is fob cfr cif3 nos?

FOB, CFR, CIF, and NOS are different Incoterms used in international trade to define the responsibilities of buyers and sellers during the transportation of goods. FOB stands for Free On Board, CFR stands for Cost and Freight, CIF stands for Cost, Insurance, and Freight, and NOS stands for Not Otherwise Specified.

Who is required to file fob cfr cif3 nos?

The party responsible for filing FOB, CFR, CIF, and NOS terms depends on the agreement reached between the buyer and the seller in an international trade transaction.

How to fill out fob cfr cif3 nos?

To fill out FOB, CFR, CIF, and NOS terms, the party responsible must accurately document the agreed-upon terms of the sale and transportation of goods in the relevant documentation.

What is the purpose of fob cfr cif3 nos?

The purpose of FOB, CFR, CIF, and NOS terms is to establish clear guidelines and responsibilities for both buyers and sellers in international trade transactions.

What information must be reported on fob cfr cif3 nos?

The information that must be reported on FOB, CFR, CIF, and NOS terms includes the agreed-upon delivery point, cost allocation, insurance coverage, and any other relevant terms of the sale and transportation of goods.

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